Ex Bank of America VP Indicted on Credit Card Fraud
It seems credit card fraud can be found high and low these days as former Vice President of Bank of America Robert Conner was indicted on credit card fraud.
According to court filings, former Bank of America VP Robert Conner approved fraudulent business lines-of-credit applications for 16 people using false business names and financial information.
The defendants were issued business lines of credit in the form of credit cards which they used to tally up more than $1.2 million in fraudulent charges.
If the defendants are found guilty, they could face prison sentences of 10-30 years and up to $1.25 million in fines for bank and credit card fraud.
Related Topics:
- Bank of America Will Offer Controversial Credit Card Despite Public Outcry
- New Bank of America Credit Card for “Illegal’s” Faces Opposition
- Bank of America Offering Credit Cards without Social Security Numbers
- Bank of America Raising ATM Fee to $3
- Bank of America Raising Interest Rates on Credit Cards with Balances
This post was written on January 30, 2007
Posted Under: Credit Help and Tips
Posted Under: Credit Help and Tips
